REIF PREMIUM PLUG-IN

Reif Overlays

True Swing Charts
There are numerous ways to look at price action move through time. I.E. 10 minute, hourly, daily weekly, monthly, quarterly and yearly. The Reif Swing Chart method looks at the various time frames noted above as wheels which move through time. For example, you can select the indicator to box the weekly chart on the daily plot. This action, allows you to see how the daily time frame moved to create the weekly chart. You could also select to plot the monthly and quarterly boxes overlaid on the daily chart. By doing this, it becomes quite easy to see how the various times frames move like wheels or gears through time. It is now possible to see that the monthly chart could be down while the quarterly is still up. A thorough study of Appendix A ( Reif Swing Chart Method (copyright 1993) ) will go a long way to helping you understand this concept.

Reif Tools

Principle of Squares
W.D. Gann relied heavily on geometrical and numerical relationships and created several tools to help with his work. Among these tools was the Square of Nine. The StockShareV2 tool can be used to plot Square of Nine lines on a chart fast and easy. A thorough study of Appendix E (The Mathematics of the Principle of Squares) will go a long way to helping you understand this concept.

Gann Square Time
W.D. Gann believed that time and prices were related. This indicator allows you to look at time as degrees of a circle. A 365 day year is converted into 360 degrees. On the Square of Nine, he showed that 22.5/45/90 degrees and their multiples (180/270/360/720 etc.) where important measurements of time related to price. This indicator can be set to start counting calendar days from the last important quarterly swing chart high or low. You can then see visually the important time points going forward and in history going backwards from that high. A time and Price Square Out occurs when you find an intersection of an important time frame with an important price square. For example, the 540 degree time date intersects the 360 degree down price line. This would be a time when we should expect a reversal of the downtrend in progress. Take a look at XMSR and find its Quarterly high on 7/28/05 and start a Gann Square time plot with 90 degree separations. In addition set the Principle of Squares with 90 degrees separation at that high. Then scroll forward in time where you will find that the low 9.63 was only one day from the 360 time count. In addition the price was down 540 degrees from the 37.31 high. This is an almost perfect price and time square out. Also note that the test 90 degrees in time later in October was another near perfect hit. There were significant profit opportunities on both of those lows.

Cycle Finder (Trade Bars)
The cycle finder just counts trading bars. I have found that 9 and 15 weeks are good places to start a count from any significant high and low on the weekly chart. It is also very helpful on the monthly chart where you can find important trend changes using a setting of six months separation from the last yearly swing chart high or low.

Reif Indicators

Reif AVX (Reif Average Volatility Index) RAD (Reif Accumulation Day) Reif Distribution Day (RDD)
The Reif Average Volatility Index (AVX) is used to describe price fluctuations of an equity. Volatility is measured by the day-to-day percentage difference in the price of the equity. The degree of variation, not the level of prices, defines a volatile market. Since price is a function of supply and demand, it follows that volatility is a result of the underlying supply and demand characteristics of the market. Therefore, high levels of volatility reflect extraordinary characteristics of supply and/or demand. A thorough study of Appendix G (Reif AVX & Reif Accumulation Day (RAD) / Reif Distribution Day (RDD)) will go a long way to helping you understand this concept.